https://ficoforums.myfico.com/t5/Bankruptcy/Construction-Loan-after-Chapter-7/m-p/6221694#M76231 <P>Good morning?</P><P>&nbsp;</P><P>Is it possible to get a construction 2 years after filing Chapter 7?&nbsp; I see FHA construction loan for I cannot find lenders for it.</P> Tue, 05 Jan 2021 16:57:18 GMT Jess21 2021-01-05T16:57:18Z https://ficoforums.myfico.com/t5/Bankruptcy/Construction-Loan-after-Chapter-7/m-p/6221694#M76231 <P>Good morning?</P><P>&nbsp;</P><P>Is it possible to get a construction 2 years after filing Chapter 7?&nbsp; I see FHA construction loan for I cannot find lenders for it.</P> Tue, 05 Jan 2021 16:57:18 GMT https://ficoforums.myfico.com/t5/Bankruptcy/Construction-Loan-after-Chapter-7/m-p/6221694#M76231 Jess21 2021-01-05T16:57:18Z https://ficoforums.myfico.com/t5/Bankruptcy/Construction-Loan-after-Chapter-7/m-p/6222743#M76247 <P>I'm not an expert by any means however....</P><P>Typically, to get a construction loan, one must first qualify and get their end loan...AKA standard mortgage. The entire process is streamlined and done at once however it's actually two loans. The construction loan AND your final loan.</P><P>With that said, one would need to qualify for a standard mortgage just like everyone else. I believe it usually 4 years after BK for a standard underwritten mortgage with a few exceptions.</P> Wed, 06 Jan 2021 19:11:21 GMT https://ficoforums.myfico.com/t5/Bankruptcy/Construction-Loan-after-Chapter-7/m-p/6222743#M76247 Anonymous 2021-01-06T19:11:21Z